Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-366-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-09-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Proposals for a European banking union (EBU) (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20120912.22.3-366-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-367-0002
lpv:speaker	lp:Elisa Ferreira2
lpv:spokenAs	substitute; TRAN (2012-01-19--2014-06-30)3 substitute; Delegation for relations with India (2009-09-16--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Partido Socialista (2009-07-14--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3
lpv:translated text	". Mr President, Commissioner, I welcome the proposal you have presented and I apologise that I will not be able to listen to your replies, due to conflicting schedules. Rest assured, however, that I will examine your reply carefully, as I have someone here to listen to you. As I was saying, I welcome the proposal. The proposal’s only flaw is that it is late and I therefore wish you the best of luck in developing it. However, the devil is in the detail and, as you know, in 2010 this Parliament requested many of these initiatives, but none of them has been adopted thus far. We want to meet two objectives. The first is to guarantee citizens’ deposits. The second objective is that, in the event of a bank failure, we end what has been happening to date, in that citizens have paid for this failure. This, however, is the vaguest area of the proposal tabled here. How should the orderly resolution of a failed bank be organised? What is the timetable for establishing the new authority that will manage this process? How will the prudential powers of the European Central Bank (ECB) then be transferred to the new entity? This aspect of managing a bank failure without charging citizens is a key factor in the viability of this proposal. Finally, how do you ensure that the European Central Bank has some appeal mechanism, so that citizens or national supervisors may appeal against decisions by the European Central Bank, which currently has absolutely intrusive and greater powers, and will this probably have to be the way forward? Finally, I end Mr President by asking how you ensure that there is no imbalance in the application of the relevant regulations between the practical supervision of the ECB and other countries and countries that are outside the euro area."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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